Carey Langlois becomes first Guernsey firm to open in City

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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Victory for the Airline Group marks the end of a two-year struggle over plans to privatise UK air traffic control. The UK is the first country in Europe to opt for a form of privatisation and the contractual arrangements demanded a significant innovation from Government adviser Slaughter and May. Alan Crookes’ team at Norton Rose […]

Time waits for no court

To an extent, the European Court of Justice (ECJ) is a victim of its own success. Its ever increasing docket illustrates the successful pervasion of European Community (EU) law throughout the European Union (EU). Reforms introduced by amendments to the Rules of Procedure of the ECJ and Court of First Instance (CFI), and the Nice […]

Thyssen judge’s demand is historic first

The judge in the middle of the court battle over Baron Hans Heinrich Thyssen-Bornemisza’s £1.2bn fortune is believed to have set a historic precedent when he tried to clinch a deal that could have given him a financial interest in the case (The Lawyer, 2 April). Defence lawyers invited Mr Justice Mitchell to stand down […]

DLA brings in two partners to boost Singapore office

National firm DLA is strengthening its position in the Asia Pacific region with the appointment of two partners to its Singapore office. Shipping and insurance partner Peter Shelford will join from Clyde & Co in Hong Kong and corporate and commercial partner Keith Handley will join from the Singapore office of Coudert Brothers. Both partners […]

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